The new calculation drastically raised the stakes of the ongoing standoff over the nation's debt limit, turning what officials expected would be a monthslong political fight into a brutal four-week brawl with the fate of the U.S. economy on the line.Biden has now invited the top four congressional leaders to a meeting on May 9, setting the stage for his first substantial talks with Republicans on the issue since Feb. 1. Yet, while the timetable may have changed, Biden officials said the president's message to the GOP will not.
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